Trilogue negotiations on the long-awaited international procurement instrument are “advancing very well”, a French presidency source recently assured Borderlex. But whether France’s ambition to get the piece of legislation finalised by the end of March – i.e. in four weeks’ time – can be met still remains to be seen. …
EU trade policies
Blog – Ukraine: A few thoughts on the EU’s Russia sanctions
The coming hours will be critical in defining how the European Union will react to Russia’s ruthless and bloody attack on Ukraine. At the time of writing this article, Thursday late evening, it is becoming clear that as heads of state gather in Brussels, the announced economic and financial sanctions …
Interview: United States and Europe can do a lot together in the Indo-Pacific
The United States will soon announce plans for an Indo-Pacific economic framework as part of its new strategy for the region. Europeans have also developed their own Indo-Pacific strategies. There is scope for transatlantic cooperation on trade and economic issues of common interest. Asia Society’s Wendy Cutler shares some thoughts …
Foreign subsidies regulation: ‘like-minded’ non EU business groups raise concerns
Businesses from Australia, India, Japan, Korea and the United States are not necessarily the main targets of the European Union’s new foreign subsidies regulation. But representatives from these countries’ business sectors, some of them among the top investors in the EU, are raising alarm bells about some procedural issues raised …
EU Chips Act codifies pandemic-era supply crisis management practice
The European Commission formally tabled a regulation “establishing a framework of measures for strengthening Europe’s semiconductor ecosystem”, also known as the EU ‘Chips Act’. The move codifies EU market interventions pioneered at the height of the COVID-19 pandemic whilst also trying to draw some lessons from these episodes, in particular …
Semiconductor shortages – Commission to ask for powers to control exports ahead of Chips Act
The European Commission is seeking immediate semiconductor supply shortage crisis management powers ahead of the imminent announcement of a new industrial policy regulation that seeks to ensure that one fifth of world production happens in the European Union by the end of the decade: the EU Chips Act. The Commission …
Technical standards: EU in pushback against perceived rising Chinese, US influence
The European Commission wants the EU to “take back control” of technical standardisation as it rolls out its new industrial policy and seeks to reduce the influence of large Chinese and United States companies in standard-setting bodies in the EU whilst promoting European standards internationally.
COMMENT – Ostrich policy : the EU’s anti-coercion instrument risks becoming a damp squib
The anti-coercion instrument that the European Commission is proposing for adoption this year coinciding with a crisis with China over its economic bullying of Lithuania is not only a risky institutional power transfer – it might end up being a damp squib.
Lithuania: EU launches wide-ranging WTO case against China trade blockade
The EU has moved faster than expected in launching a legal dispute at the World Trade Organization in relation to Chinese restrictions on exports from Lithuania following a political row with the country related to the opening of a representative office for Taiwan in Vilnius last year. The move is …
Foreign subsidies: Commission pushes back against MEP amendments
The European Commission is on a mission to calm down the European Parliament’s urge to complicate its proposed foreign subsidies regulation.